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HomeNEWSOMV secures €123 million financing for Austria’s largest green hydrogen project

OMV secures €123 million financing for Austria’s largest green hydrogen project

OMV and Austria Wirtschaftsservice GmbH (aws) have signed a financing agreement securing up to €123 million to support production at the planned green hydrogen facility in Bruck an der Leitha, Lower Austria. The project previously received a positive assessment from the European Hydrogen Bank and was recommended for funding.

The initiative plays a key role in Austria’s national hydrogen strategy and OMV’s Strategy 2030.

Read full article here: turnovernews.com

Read also: OMV Petrom and CE Oltenia launch construction of 550 MW solar parks

Photo: Capital

Teodora Helerman
Teodora Helerman
Online editor, content writer, blogger, and social media specialist, with experience in writing and publishing news, creating original content, and adapting materials for various digital platforms.
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